• The libra logo on a cellphone sitting on some coins. What else do you need to see? (via Shutterstock)
    Asia & Australia,  Libra

    Facebook’s Libra has an uphill battle in Asia

    India in particular will be a vital market, but cryptocurrencies are on the verge of being outlawed

    The headwind Facebook’s Libra cryptocurrency is facing seems to be getting stronger in Asia, as regulators in China, Korea, and India all expressed serious concerns about the stablecoin.

  • Blockchain
    Technology

    Deloitte survey finds blockchain vital, overhyped

    Executives are seeing more business cases, but asking more questions

    While business executives around the world are growing more certain that blockchain will be a game changer, a new survey also reveals that skepticism remains. According to Deloitte, it’s 2019 Global Blockchain Survey finds the technology is entering a new phase, in which the question is no longer, “Will blockchain work?” but, “How can we make blockchain work for us?”

  • The first batch of 23 product lines are live on the Walmart China Blockchain Traceability Platform (via Walmart China).
    Asia & Australia,  Technology

    Walmart China turns to blockchain to reassure consumers wary of food safety

    Working with PwC and blockchain firm VeChain to build trust in a frequently unsafe supply chain

    Walmart China announced on June 25 that it has partnered with a local trade association, a beef producer, consulting firm PricewaterhouseCoopers (PwC), and blockchain firm VeChain to create the Walmart China Blockchain Traceability Platform.

  • Asia & Australia,  Opinion,  Technology

    30 Years Later, Tiananmen Square a reminder of Chinese threat to innovation

    China may be able to add another arrow to its quiver of intellectual theft: cryptocurrencies

    The most promising aspects of digital assets—transactional speed and freedom, financial inclusion, and most of all anonymity—are antithetical to Chinese Communist values. And yet, in many respects, China has taken the lead on investing in this burgeoning technology.